Caledonia hedges gold output as capital demands of Blanket expansion bite
CALDEONIA Mining Corporation, a company that operates Zimbabwe's Blanket mine, has hedged 100% of its gold production from February to June - some 22,500 ounces...
Acacia turns in resilient production numbers, takes net cash to $88m
ACACIA Resources turned in a resilient performance for its 2018 financial year, producing higher-than-forecast gold production and taking net cash to $88m as of...
Central Rand Gold using pension deductions in order to stay afloat...
CENTRAL Rand Gold (CRG), a Johannesburg-listed mining company, was using pension deductions in order to stay open, said City Press citing highly placed sources...
Vector buys former AngloGold Mongbwalu prospect in DRC in $10m share...
SYDNEY-listed gold development firm, Vector Resources, has concluded the purchase for $10m in cash and shares a prospect in the Democratic Republic of Congo...
Endeavour takes shares in Ity to 85% after share deal with...
ENDEAVOUR Mining has increased its stake in its Ity gold mine in Cote d'Ivoire to 85% from 80% after buying shares in the operation by...
Lenders agree to retain covenant terms on Sibanye-Stillwater debt despite ructions
THE health of Sibanye-Stillwater's balance sheet is likely to remain a theme of the company's business case throughout 2019 as it was in 2018,...
Acacia’s North Mara hit with $130,000 fine as Tanzanian Govt. renews...
ACACIA Mining's North Mara mine - which has escaped flak from the Tanzanian government in respect of under-payment of taxes - has been ordered...
PGM comes to Sibanye-Stillwater’s rescue while violence flares on strike-hit gold...
GOLD production from Sibanye-Stillwater's strike-hit South African mines would come in slightly below guidance at some 1.1 million ounces for its 2018 financial year,...
Centamin hits Q4 marks in sign of better things to come...
CENTAMIN produced 472,418 ounces of gold from its Sukari gold mine in its 2018 financial year, some 13% lower than in the previous year...
Sibanye-Stillwater unable to absorb impact of AMCU strike indefinitely – analyst
SIBANYE-Stillwater could not absorb the impact of a strike by the Association of Mineworkers & Construction Union (AMCU), for an indefinite period, said Bloomberg...